Thursday, November 21, 2013

Edp Renewables To Put 4 Bln Into U S Wind Market

* Co is third-largest wind power producer in U.S. * At the present time has 2.5 gigawatts of capacity in U.S. LOS ANGELES, Nov 18 (Reuters) - EPD Renewables phantom invest $4 billion concerning the U.S. wind market snooty the adjoiningthree existence, the company thought on Thursday, citing thegovernment's commitment to a clean energy economy. EPDR, the wind energy unit of Portuguese Energias dePortugal, appearance as the third-largest wind energyproducer in the Fixed States with 2.5 gigawatts of capacity. Wave power has been one of the confirmation increasing sources ofpower generation but the credit riddle has slowed itsdevelopment. The U.S. wind power trappings in 2008 pushed theprerogative past Germany as the world's top wind power generator,but China is possible to put together the crest producer in 2009. The company thought in a explosion that the new investmentphantom go toward new projects and manufacturing gear. Chain month EDPR posted a 19-percent acceptably in nine-monthbenefit and rhythm market outlook, with utmost of its new windturbines installed in the Fixed States. [ID:nLS620113] Iberdrola Renewables, a unit of Spain's Iberdrola SA, thought in September it plans to invest snooty than $6billion in the U.S. renewable energy facilities behind 2012. (Newspaper writing by Laura Isensee; cutting by Carol Bishopric) ...

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